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Sundown, a maker of sunscreens, acquired the Rexall trademark in 1985, in a hostile takeover, and continued to produce nutritional supplements and remedies under the new name Rexall-Sundown, with no relationship to the remaining chain of Rexall drugstores, nor to the Canadian maker of medicines and sundries. Numico acquired Rexall Sundown in 2000.
McKesson Canada purchased Rexall in December 2016 for $3 billion from the Katz Group of Companies. [4] At the time, it was estimated that Rexall had an average annual revenue of approximately $2.0 to $2.5 billion. [5] Around this period, one of the major rival pharmacies in Canada was Shoppers Drug Mart. [6]
The Bountiful Company is an American dietary supplements company. It is owned by Kohlberg Kravis Roberts, which sold most of the company's brands to Pfizer in 2021. [2] It was originally known as Nature's Bounty, Inc. but changed its name to NBTY, Inc. in 1995. [citation needed] It then changed its name back to Nature's Bounty Co. in 2016. [3]
Three major marketers of children's vitamins sold under the Disney and Marvel Heroes logos have agreed to pay the Federal Trade Commission $2.1 million to settle charges that the companies falsely ...
In March 2016, McKesson agreed to purchase Canadian pharmacy chain Rexall from the Katz Group of Companies for $3 billion. [50] The deal was finalized in December 2016 following approval received under the Investment Canada Act. [51] On April 12, 2017, it was announced that McKesson Canada reached a deal to acquire 330 Uniprix pharmacies. [52]
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MET-Rx is an American brand of nutritional supplements originally produced by Met-Rx, Inc., a California company started by Scott Connelly, and sold several times since. The brand is best known for pioneering a new category of bodybuilding supplements known as meal replacement powders or MRPs.
Open AI CEO Sam Altman isn't done firing shots at Elon Musk. Altman said the Tesla boss was "clearly a bully" who likes to pick fights with rivals.
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